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Saudi stocks begin in green, extending rebound: Opening bell

RIYADH: Saudi stocks began the week’s final session on a positive note, recovering from a recent selloff sparked by interest rate hikes around the globe to tame inflation. The main index, TASI, started 29 percent higher at 11,808, while the parallel market, Nomu, started almost flat at 20,768 as of 10:08 a.m. Saudi time. Naseej International Trading Co. gained 5.14 percent, ....

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All you need to know before Tadawul kicks off trading amid Russia-Ukraine crisis

RIYADH: Saudi Arabian stocks may witness another volatile day as Russia launched military action against Ukraine this morning, pushing oil prices to record highs. Brent crude touched $100 a barrel for the first time since 2014, rising 4.2 percent $100.9 as of 7:20 a.m. Saudi time. US benchmark WTI went up to $96.07 a barrel. At the close of Wednesday’s trading, Saudi bourse ....

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